Plan Ledger DOL Form 5500 · updated monthly

Valley Stream Operator 1 LLC dba Bluegrass Health Partners401(k)

BLUEGRASS HEALTH PARTNERS 401(K) PLAN · RICHMOND, KY · plan year 2024

Reported admin expense ratio · 2024
1.13%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Valley Stream Operator 1 LLC dba Bluegrass Health Partners reported $63,847 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $119 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (592nd of 871), and 7,201st of 11,911 in health care & social assistance. In 2024, employees put in $5.85 for every $1.00 the employer contributed; active participation has grown from 754 to 1,204 since 2022.

Plan summary
Net assets, end of year$6,293,744
Participants with balances535
Active participants1,204
Employer contributions$143,812
Employee contributions$841,540
Employer contribution per active participant$119
Average account balance$11,764
Benefits paid to participants$360,256
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 535 accts · $144K emplr
2023$5.0M · 400 accts · $76K emplr
2022$4.3M · 382 accts · $73K emplr
Administrative expenses, itemized · 2024
Investment management$51,496
Total administrative$63,847
The Valley Stream Operator 1 LLC dba Bluegrass Health Partners 401(k) match · 2024
Employer contribution per active participant$119
Median for plans this size$1,313
2024$119 per active participant
2023$76 per active participant
2022$96 per active participant

Valley Stream Operator 1 LLC dba Bluegrass Health Partners's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FUTUREPLAN BY ASCENSUS · Recordkeeping$12,351
LINCOLN NATIONAL CORPORATION · Contract administrator$51,497

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,847 · 1.13%
2023$54,162 · 1.17%
2022$56,398 · 1.15%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Hospice of Hope Inc KY$6.9M · 0.34%
Freedom Senior Services KY$6.8M · 1.77%
Community Hospice, Inc. KY$5.9M · 0.62%
Juniper Health, Inc. KY$5.6M · 0.27%
Ccmh Corporation KY$5.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811010658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.